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Return to profit fails to mask bwin.party H1 revenue decline

28th August 2015 7:57 am GMT

Despite posting a 6 per cent decline in total revenue to €296.5m, bwin.party digital entertainment said Friday that it had made progress on its non-core assets disposals and other cost saving initiatives, helping the company record a profit for the first half of 2015.

The company said that the year-on-year revenue decline reflected the absence of a major football tournament, lower margins in sports, market declines in poker and the impact of VAT in certain European [...]

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